Full Of Grace Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 45,000 | 500 | 44,500 | 9456.0 | — |
| 2021 | 50,000 | 500 | 49,500 | 10644.0 | — |
| 2022 | 255,000 | 500 | 254,500 | 16752.0 | 0% |
| 2023 | 50,000 | 500 | 49,500 | 17940.0 | 0% |
In its most recent public year (2023), this organization brought in $49,500 more than it spent. Its reserves stood at about 17940 months of spending, up from 9456 in 2020. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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